Good grief.
Why it’s such a bad idea to even discuss.
Fed QE $2.50B Coupon Purchase 2020-05-07 NYFed treasury securities operations
Fed QE $6.000B CouponPurchase 2020-05-07
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Readers ask for specific recommendations for successfully navigating the post-credit/speculative-bubble era and I try to do so while explaining the impossibility of the task.As the bogus prosperity economy built on exponential growth of debt …
The Economic Policy Institute published an interesting piece of research on the links between H1B visas and lower wages paid by the U.S. employers for key skills: https://www.epi.org/publication/h-1b-visas-and-prevailing-wage-levels/. As far as I …
S&P500 and earnings per share: what should matter, doesn’tWe are now in extreme territory of the markets ignoring basic corporate fundamentals.
The Giant Glut of Oil continues (see my analysis of oil markets fundamentals here: https://trueeconomics.blogspot.com/2020/04/23420-what-oil-price-dynamics-signal.html)China strategic oil reserves have also surged. U.S. oil reserves are now nearin…
From Factset: “The decrease in first-quarter real GDP was largely driven by the 7.6% decline in consumer spending